News

December 07, 2017 (Grand Rapids, MI) — US private equity firm Auxo Investment Partners has bought dry barge transportation and logistics company M/G Transport Services. Auxo managing partner Fred Tedori said, “MG’s unique business model offers limited exposure to macroeconomic cycles with long-term contracts and stable products and customers, which makes it a perfect fit with our long-term investment strategy.

December 06, 2017 (Grand Rapids, Mich.) — Private equity firm Auxo Investment Partners announced today that it has acquired M/G Transport Services (MG), a leading dry barge transportation and logistics company. 'As we celebrate our company’s 50th anniversary, we’re pleased to begin this partnership with Auxo,' said Jack Lordo, who will continue as MG’s chief executive officer.

November, 13 2017 (Elkhart, Indiana.) — Private equity firm Auxo Investment Partners announces that it made its first acquisition with the purchase of Atlas Die LLC, and Bernal LLC, two market leaders in the die manufacturing industry. Atlas Die, based in Elkhart, IN, USA, was founded in 1952 by S. Ray Miller in his basement. Bernal, founded in 1972, produces complex solid rotary pressure dies, crush cut dies, state-of-the-art, high-volume rotary converting systems for die cutting, food processing, folding cartons, specialty bandages and alcohol swabs and other complex products.

December 07, 2017 (Grand Rapids, MI) — Private equity firm Auxo Investment Partners announced it has acquired M/G Transport Services (MG), a dry barge transportation and logistics company based in New Orleans. "We're excited to work with MG's impressive veteran management team, which has made the company a leader in the inland barge transportation industry," said Auxo Managing Partner Jeff Helminski.

December 6, 2017 (Grand Rapids, Mich.) — West Michigan private equity firm Auxo Investment Partners has moved into the transport business with the acquisition of a New Orleans-based barge company. In the 50-year-old M/G Transport, the Grand Rapids-based Auxo adds to its portfolio a 50-year-old company that dominates its market and generates strong cash flow to reinvest into the business.

September 09, 2017 (Grand Rapids, Mich.) — Private equity firm Auxo Investment Partners has completed its first deals with the acquisitions of Atlas Die and Bernal, two specialists in the die manufacturing industry. "We are delighted that these two market leading companies with long histories and excellent reputations are our first acquisitions," says Auxo Managing Partner Jeff Helminski We’re honored to have the opportunity to assist the teams at Atlas Die and Bernal achieve their full potential by making long-term investments and providing expert operational and strategic support.”